NOT LISTED FOR SALE

650 N Black Horse Pike Runnemede, NJ 08078

Estimated Value: $250,000 - $292,141

-- Bed
-- Bath
-- Sq Ft
4,000 Sq Ft Lot

Last Sold February 25, 2019

Last sale price $85,000

Est. 226% increase in value since last sale

Current estimated payment $1,887/month

133 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 4-minute walk to Runnemede Youth Athletic Association Fields
  • En-Suite Primary Bedroom

About This Home

As of February 2019

INVESTOR ALERT! Bank owned duplex priced right and ready to sell. Second Floor unit has separate entrance and is move in ready. Larger First Floor Unit uses front door entrance or side door entrance and needs a little TLC. This unit also has use of basement as well. Back Yard can be shared by tenants. This one won't last long. A little TLC and you are on your way to enjoying a that passive income you need for your portfolio.

Last Agent to Sell the Property

Kim Phillips

Keller Williams Realty - Washington Township License #0895678 Listed on: 09/14/2018

Keller Williams Realty - Washington Township

Last Buyer's Agent

Daniel Young

Sweet Pea Realty LLC License #895255

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Duplex
  • Aluminum Siding

Parking

  • Public Parking
  • Free Parking
  • Driveway
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 30-00038-00002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,313

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: INVESTOR ALERT! Bank owned duplex priced right and ready to sell. Second Floor unit has separate entrance and is move in ready. Larger First Floor Unit uses front door entrance or side door entrance and needs a little TLC. This unit also has use of basement as well. Back Yard can be shared by tenants. This one won't last long. A little TLC and you are on your way to enjoying a that passive income you need for your portfolio.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 650

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Unassigned, Public
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: BLACK HORSE PIKE REGIONAL SCHOOLS
  • School District Key: 300200396979

Lot Info

  • Improvement Assessed Value: 101000.00
  • Land Assessed Value: 37500.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 1919978
  • Tax Annual Amount: 5313.00
  • Assessor Parcel Number: 30-00038-00002
  • Tax Lot: 00002
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 02/25/2019

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Mar 4, 2019
Sold by
Fulton Banik Of New Jersey
Bought by
Violet Ruth Property Llc
Seller's Agent
Kim Phillips
Keller Williams Realty - Washington Township
Buyer's Agent
Daniel Young
Sweet Pea Realty LLC
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%
Current Estimated Value
$277,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,285
Avg. Annual Appreciation
19.50%

Purchase Details

Closed on
Mar 27, 2018
Sold by
Johnson Arthur G and Johnson Barbara J
Bought by
Fulton Bank Of New Jersey

Purchase Details

Closed on
Apr 2, 2016
Sold by
Johnson Barbara J
Bought by
Johnson Arthur G

Purchase Details

Closed on
Jul 31, 2003
Sold by
Lazer Christopher
Bought by
Johnson Arthur C and Johnson Barbara J

Purchase Details

Closed on
Aug 29, 1997
Sold by
Culler Mary E
Bought by
Lazer Christopher R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Violet Ruth Property Llc $85,000 City Abstract Llc
Fulton Bank Of New Jersey -- None Available
Johnson Arthur G -- None Available
Johnson Arthur C $68,339 --
Lazer Christopher R $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Violet Ruth Property Llc $138,000
Previous Owner Johnson Arthur G $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $85,000 -18.7% --
01/25/2019 01/25/19 Pending -- -- --
01/11/2019 01/11/19 Price Changed $104,500 -5.0% --
11/07/2018 11/07/18 Price Changed $110,000 -8.3% --
09/14/2018 09/14/18 For Sale $119,900 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,506 $100,000 $37,500 $62,500
2024 $4,369 $100,000 $37,500 $62,500
2023 $4,369 $100,000 $37,500 $62,500
2022 $4,230 $100,000 $37,500 $62,500
2021 $4,130 $100,000 $37,500 $62,500
2020 $4,089 $100,000 $37,500 $62,500
2019 $5,559 $138,500 $37,500 $101,000
2018 $5,453 $138,500 $37,500 $101,000
2017 $5,313 $138,500 $37,500 $101,000
2016 $5,246 $138,500 $37,500 $101,000
2015 $5,262 $138,500 $37,500 $101,000
2014 $5,194 $138,500 $37,500 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004543692

Bright MLS

APN: 30-00038-0000-00002